| COINOTAG recommends • Exchange signup |
| 💹 Trade with pro tools |
| Fast execution, robust charts, clean risk controls. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🚀 Smooth orders, clear control |
| Advanced order types and market depth in one view. |
| 👉 Create account → |
| COINOTAG recommends • Exchange signup |
| 📈 Clarity in volatile markets |
| Plan entries & exits, manage positions with discipline. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| ⚡ Speed, depth, reliability |
| Execute confidently when timing matters. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🧭 A focused workflow for traders |
| Alerts, watchlists, and a repeatable process. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| ✅ Data‑driven decisions |
| Focus on process—not noise. |
| 👉 Sign up → |
- The Nigerian government has refuted allegations of bribery made by cryptocurrency company Binance, terming them as diversionary and unfounded.
- These allegations come amidst ongoing investigations into Binance’s involvement in money laundering and terrorism financing.
- The government’s dismissal of these claims highlights the escalating tension between regulatory authorities and cryptocurrency companies.
The Nigerian government denies Binance’s bribery allegations, terming them as diversionary tactics amidst ongoing investigations into money laundering and terrorism financing.
Nigeria Dismisses Binance’s Bribery Claims
The Nigerian government has strongly refuted Binance’s bribery accusations, asserting that these claims are without any foundation and are just a ploy by the cryptocurrency company. The federal government announced that it disregards the allegations released by Binance’s CEO, Richard Teng, that some Nigerian officials demanded a $150 million cryptocurrency payment from the company to settle the ongoing legal issues.
Binance’s Allegations and Government Response
Binance claims that some Nigerian government officials demanded the bribe for the charges filed against the company to be settled. Nevertheless, the Minister of Information and National Orientation, Mohammed Idris, dismissed these accusations as false. In a statement made on Wednesday, Rabiu Ibrahim, Special Assistant to the Minister, termed the claims “diversionary” and cited them as blackmail meant to obfuscate the criminal investigations into Binance in Nigeria.
Ongoing Investigations into Binance
The government is said to be investigating Binance for facilitating illegal activities such as money laundering, terrorism financing, and foreign exchange manipulation. The government also revealed that a high-ranking Binance executive who was in protective custody had fled Nigeria and was now wanted by Interpol.
| COINOTAG recommends • Professional traders group |
| 💎 Join a professional trading community |
| Work with senior traders, research‑backed setups, and risk‑first frameworks. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 📊 Transparent performance, real process |
| Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
| 👉 Get access → |
| COINOTAG recommends • Professional traders group |
| 🧭 Research → Plan → Execute |
| Daily levels, watchlists, and post‑trade reviews to build consistency. |
| 👉 Join now → |
| COINOTAG recommends • Professional traders group |
| 🛡️ Risk comes first |
| Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
| 👉 Start today → |
| COINOTAG recommends • Professional traders group |
| 🧠 Learn the “why” behind each trade |
| Live breakdowns, playbooks, and framework‑first education. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 🚀 Insider • APEX • INNER CIRCLE |
| Choose the depth you need—tools, coaching, and member rooms. |
| 👉 Explore tiers → |
Conclusion
The Nigerian government’s dismissal of Binance’s bribery allegations underscores the growing tension between regulatory authorities and cryptocurrency companies. As investigations into Binance’s alleged illegal activities continue, it remains to be seen how this will impact the broader cryptocurrency market and regulatory landscape.
| COINOTAG recommends • Members‑only research |
| 📌 Curated setups, clearly explained |
| Entry, invalidation, targets, and R:R defined before execution. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧠 Data‑led decision making |
| Technical + flow + context synthesized into actionable plans. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 🧱 Consistency over hype |
| Repeatable rules, realistic expectations, and a calmer mindset. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🕒 Patience is an edge |
| Wait for confirmation and manage risk with checklists. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 💼 Professional mentorship |
| Guidance from seasoned traders and structured feedback loops. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧮 Track • Review • Improve |
| Documented PnL tracking and post‑mortems to accelerate learning. |
| 👉 Join now → |
